Authorities invest Dh2.4 billion for Sharjah Airport expansion: Here's what will change

10:48 PM | 17 Jul, 2023
Authorities invest Dh2.4 billion for Sharjah Airport expansion: Here's what will change

SHARJAH - Sharjah Airport is gearing up for a major overhaul which would permit it to handle 20 million passengers within a few years.

The facility recorded a 24.4 per cent year-on-year growth in traffic to seven million passengers in the first half of 2023 and is expected to welcome more tourists as the Covid restrictions have been lifted finally.

The airport expansion would cost Dh2.4 billion and would be completed by 2026. As far as the output is concerned, the expansion is aimed at enhancing service standards and boosting flight capacity.

Authorities in the United Arab Emirates expect to attract more airline customers, particularly from markets in Europe and East Asia, and to handle more passengers means increasing the capacity of the facility.

In a statement, the airport stated that it managed to handle more than 70,000 tons of cargo, including 6,000 tons of sea-air cargo.

“These figures highlight the airport’s essential role in facilitating trade and logistics operations, further reinforcing its reputation as a reliable and efficient cargo hub in the region. Furthermore, the aircraft activity exhibited an upward trajectory, with a notable 14 per cent increase in flights, totalling over 46,900 flights during this period, in comparison to the same period last year,” the statement said.

Meanwhile, Ali Salim Al Midfa, chairman of Sharjah Airport Authority, underlined that the achievements of the facility are aligned with the Authority’s strategy to solidify Sharjah Airport’s leading position and achieve sustainable growth in the aviation and cargo sectors.

“We are constantly extending Sharjah Airport’s network in order to deliver exceptional customer experiences in accordance with the best international standards. We are optimistic that the addition of more destinations will provide us with more travel and logistics opportunities,” he added.

As the expansion continues, the airport authority also announced the addition of six flight destinations and three air cargo destinations.

The new destinations include Kuala Lumpur in Malaysia, Ufa City and Samara City in Russia, Lar in Iran, Indore in India, and Bangkok in Thailand which will facilitate the tourists who had been bracing fro tourism to rebound.

The air cargo destinations, which have been newly included are Houston in the US, Kigali in Rwanda, and Nashik in India, Khaleej Times reported.

Sharjah International Airport is one of the major airports in the United Arab Emirates, located in the city of Sharjah. It serves as a hub for low-cost carriers and handles both domestic and international flights;  the airport started its operations in 1977.


Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 10 Dec 2023

Pakistani rupee remains largely stable against the US dollar, and other currencies in the open market on Sunday.

Dollar Rate in Pakistan Today

On Sunday, the US dollar was being quoted at 283.4 for buying and 285.95 for selling.

Euro comes down to 307 for buying and 310 for selling. British Pound rate remains unchanged at 358.5 for buying, and 362 for selling.

UAE Dirham AED witnessed slight drop and new rate stands at 77.2 whereas the Saudi Riyal remained stable at 76.

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 283.4 285.95
Euro EUR 307 310
UK Pound Sterling GBP 358.5 362
U.A.E Dirham AED 77.2 78
Saudi Riyal SAR 76 76.8
Australian Dollar AUD 187.2 189
Bahrain Dinar BHD 755.82 763.82
Canadian Dollar CAD 209 211
China Yuan CNY 39.82 40.22
Danish Krone DKK 41.14 41.54
Hong Kong Dollar HKD 36.37 36.72
Indian Rupee INR 3.41 3.52
Japanese Yen JPY 1.39 1.45
Kuwaiti Dinar KWD 922.14 931.14
Malaysian Ringgit MYR 60.82 61.42
New Zealand Dollar NZD 175.33 177.33
Norwegians Krone NOK 26.12 26.42
Omani Riyal OMR 738.71 741.76
Qatari Riyal ‎QAR 78.07 78.77
Singapore Dollar SGD 211 213
Swedish Korona SEK 27.32 27.62
Swiss Franc CHF 324.5 327
Thai Bhat THB 8.08 8.23

Gold price drops in Pakistan; Check out today gold rates here

Gold prices decreased in local markets in line with the trend in the international market.

Gold Rates in Pakistan Today - 10 December 2023

On Sunday, the price of a single tola of 24-karat gold stands at Rs216,300, and 10 grams of 24k gold costs Rs185,450.

Single tola of 22 Karat Gold price costs Rs198,274, 21 karat rate per tola costs Rs189,263 and 18k gold rate is Rs162,225 for each tola.

In the global market, gold prices hovers around $2,004 per ounce, after drop of $23.35 on Sunday.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 216,300 PKR 2,486
Karachi PKR 216,300 PKR 2,486
Islamabad PKR 216,300 PKR 2,486
Peshawar PKR 216,300 PKR 2,486
Quetta PKR 216,300 PKR 2,486
Sialkot PKR 216,300 PKR 2,486
Attock PKR 216,300 PKR 2,486
Gujranwala PKR 216,300 PKR 2,486
Jehlum PKR 216,300 PKR 2,486
Multan PKR 216,300 PKR 2,486
Bahawalpur PKR 216,300 PKR 2,486
Gujrat PKR 216,300 PKR 2,486
Nawabshah PKR 216,300 PKR 2,486
Chakwal PKR 216,300 PKR 2,486
Hyderabad PKR 216,300 PKR 2,486
Nowshehra PKR 216,300 PKR 2,486
Sargodha PKR 216,300 PKR 2,486
Faisalabad PKR 216,300 PKR 2,486
Mirpur PKR 216,300 PKR 2,486


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